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dropped two tenth of a% at 7.7%. the labor department also says superstorm sandy had little effect on those numbers. >>> the markets continued their familiar pattern of following the latest word or words or hopes on fiscal cliff. no major moves during the week but several times the market ran out of steam to the end of the trading session. the house of representatives left for a long weekend on wednesday. so while there may be behind the scenes action in terms of talks, no one from the house is home. big moves by citigroup's new chairman and ceo. he announced 11,000 layoffs this week. citi will take a pre-tax charge of more than a billion dollars. the markets liked the move. the stock rallied about 7% on the expense cuts. >>> a big deal for netflix and dismy, they announced a licensing agreement to show disney movies shortly after they leave the theaters. the fiscal cliff and jobs numbers and state of the economy. who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of calif
reports its losses from damage and destruction caused by superstorm sandy will be $1.3 billion. it's green monday. the second monday in december is considered a critical day for retailers as holiday shoppers begin to realize time is quickly counting down to christmas. phillip streible of rjo futures is here to get us going on a monday morning. happy monday to you. > > and also to you. > it is going to be a busy week. we have a fed meeting coming up this week, and a lot of people are talking about this so-called "gold storm." what does that mean? > > what people are doing is they are looking at this fed announcement that is coming up and seeing if the fed will make any kind of adjustment to the current policy that they have in place. there is some talk that they may adjust some of the duration of the treasuries that they are looking at purchasing, so the gold market may continue an upward rise right through $1,735. really i think the next key psychological level is $1,800. > what do you anticipate from the stock market? will we see any kind of follow-through on the jobs number this week? >
. how the victims of hurricane sandy will benefit from this game. >>> thanks for joining on this monday morning. progress to report in washington on avoiding the year end fiscal cliff. the president met face-to-face at the white house with speaker john by aner and they didn't say anything -- boehner and they didn't say anything about it afterwards. >> reporter: president obama is back on the road today pedaling the plan to avoid the fiscal cliff. in washington republicans and democrats remain far from a deal. but sunday, a small sign of hope. mr. obama and house speaker boehner meeting face-to-face for the first time in nearly a month. >> any time you got two guystangoing you have a chance to get it done rouse a source says i would be encouraged not greatly but a little becauserepublicans may be ready to compromise. >> there is a growing group of folks looking at this and realizes that we don't -- realizing we don't have a lot of cards. >> reporter: some gop law makers are open to raising revenue especially holding the top rate below 36.9% and they are moving closer to entitlements with
by moonlight and each by star light and air glow. >> by moonlight, hurricane sandy. and the potential is just being scratched. >> our weather forecasters now, by look at this new imagery are saying i can do the same kind of things at night. and that enables a whole new class of things being done. >> reporter: a lot more is being tracked by this new generation of satellites. >> we can monitor forest fires. monitor smoke plumes from those fires. and also, data is used to monitor snow packs. sea ice. >> reporter: and it does it globally. the bright spots in australia are wildfires. now from space, the impacts of people are written in light across countries and cont nents. things unseen from this vantage point in sunlight. a lot of illumination for a black marble. alex demetrick, wjz eyewitness news. >> and the new satellite is in a polar orbit and is able to scan the entire planet in just 12 passes. >>> well, can wall street start the week off on the right foodfoot? -- foot? [ stock bells ringing ] all the markets did finish in positive territory
and sandy steer, the proponents in the prop 8 case. >> yep. >> stephanie: it really is -- i was getting the calls all weekend. because people think i know, for some reason, remember like during the election, people would grab your lapels at a party and say "what's going to happen"! what do the polls really mean? is there someone i can read that will make me feel better like nate silver did? the answer anyway, the reiners and the chris perries, they were both elated and very optimistic. i know, you know, they obviously would know more than most people i know. other people nervous because they're like it has come down to one guy. one guy. >> i was reading an analysis by an actual lawyer. >> stephanie: oh, well, look at you. >> he said that the way that the justices were asking the questions, kind of pointed to something that might be positive for -- >> stephanie: that's what chris perry said to me. we'll talk to her and her lovely hopefully future wife in the next hour. she was saying i don't think they would have
sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resumed talking wit
comedians. that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. >> announcer: ladies and gentlemen, it's "the stephanie miller show." ♪ i'm walkin' on suns
's ahead if you're expecting a package this week. >> i'm meteorologist sandy patel. to record high temperatures today bu >> fans going to the 49ers today got a chance to make a child's christmas the best ever. members of operation dream called out for donated toysle the dry drive is partnered by the 49ers and the san francisco police department. even a small gift makes all the difference. >> kids need to know that people care about them. they need to know it's so much bigger than where they live. there's a whole world out there that they get to experience, and so when they know that people care about them, they start to go, oh, there's more to life. >> the gifts will be distributed throughout the city to children in public housing. >>> tomorrow might be just the second monday in december but it's suggested to be a record day for shipping by fedex, fedex expects to ship 19 million packages tomorrow alone, more than double the usual volume. between thanksgiving and christmas, they moved 280 million packages, up 1% from last year. >> gas prices are dropping just in time for the holida
movies of 2012? >>> lawmakers roll up their sleeves to help some of hurricane sandy's hardest hit victims. you're watching "early today." >>> welcome back to "early today." hope you had a wonderful weekend. the big storm that was in the midwest is heading east, especially the northeast. the white on this map is snow over much of the state of maine. seeing rain in southern maine. icy stuff and sleet especially north of portland. be careful out there. a lot of areas in vermont and new hampshire improving after freezing rain and sleet last night. the windchills are brutal in the midwest from dallas northward. exceptionally cold this morning. and of course there's a lot of snow on the ground, too, in the northern plains. for the eastern seaboard, the bottom line is it's going to be warm. there will be storms and rain today. bring the umbrella. >> all right. thanks, bill. >>> james bond made history again this weekend at the box office. "skyfall" won this weekend while becoming sony's highest grossing film of all time, taking in $918 million worldwide. the film is close to becoming the first-e
se pensaba que el huracan sandy a fines de octubre aumentaria el desempleo. muchos temian que el huracan sandy hubiera tenido 1 efecto negativo en la tasa de desempleo. sin embargo, el departamento del trabajo dice que si bien mas de 1 millon de personas no pudieron ir a trabajar en los estados afectados no necesariamente perdieron sus empleos. pero el desempleo latino continua estancado en el 10%, y algunas organizaciones se preocupan del llamado subempleo de los hispanos, que alcanza casi al 20%. son principalmente gente que tiene trabajos, pero no al tiempo completo. sera que estan trabajando 35 horas o menos y pues son muchas veces posiciones que no ofrecen mucha seguridad. otras cifras indican que el desempleo de la generacion llamada del milenio, entre los 18 y 29 anos de edad, tambien es alto. los latinos jovenes sufren de 1 tasa bien alta, algunos dicen de 13%, hay numeros de 20% para arriba. en el capitolio, las reacciones fueron de tono partidistas. el presidente de la camara de representantes john boehner acuso al presidente obama de no querer llegar a 1 acuerdo sobre
can text me. million in taxpayer dollars spent on free lunch to hurricane sandy. meals went to kids even if their homes were not damaged. everyone got the free meal. >> steve: kids did in the new york school . tax on gasoline if the president gets his way. who would be hurt most? find out next. ♪ ♪ ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management nespresso. where i never have to co
superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which he says leads to huge storms like hurricane sandy. >> it is causing these extreme weather e
during super storm sandy. when they left behind wasn't safe at all. tell but that 20 minutes to the top of the hour. new trident layers juicy berry + tangy tangerine ride to mouth fun-town. d but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal folks spend all year waiting for. in stuffing and more, the secret is swanson. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it, it was outlawed. but it was a bible by the people, for the people, the boo
and sandy. some of the big stars in music will do their part to raise money for victims. bruce springsteen billy joel, and many more will perform at madison square garden. the concert will be broadcast on tv and online. you can check out our website, wjla.com, for details. >> the temperature has been up and down. >> are we in for more ? we will let you know. >> you have seen the many headlines dealing with the big stories in the business of government, such as sequestration, cyber security, -- year several stories you may have missed. alan gross, a federal contractor, has been sitting in a jail cell since december 2009 for setting up internet a woman while working on a program. he filed a $60 million lawsuit against his employer and the u.s. government, claiming he was never told of the risks he faced. china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the
seven years to build up scholars academy and only minutes for superstorm sandy to destroy it. we'll take a look at a school trying to recover and rebuild. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> welcome back, everybody. last week poppy harlow was with us to tell us the story of ryan panetta. eighth grade student who lost his school. he went to a school called scholar's academy 56 in new york. still closed because of the damage to superstorm sandy. poppy harlow has his story. take a look. >> reporter: you can still smell the destruction sandy wrought at scholar's academy. >> you still get the fish tank smell in here. >> reporter: the new york public school is wedged between the atlantic ocean, jamaica bay, and a sewage t
thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be talking about now? join me in a fox business exclusive, 2003 nobel laureate in economics and nyse will institute director. he has a whole institute for volatility. spotting risk. we thought let's bring you in and talk about noo the fiscal cliff of the three hidden risks people should be talking about but aren't. how did you identify them? >> there are lots of things people worry about, but which of the really big ones and what kind of a timefram time frame ae talking about? decade?out next week or next we talk about the big risk to have to look further in the future. liz: the next year or so? 20 years, 50 years perhaps. number three. you say it's all the u
york. >> ama: well, let's get a check on the weather with sandy patel. our weather is changing. >> let's show you an outside shot. you can see how beautiful it alongs towards the golden gate bridge here. lots of sunshine out there. a few high clouds and that's it. let's go to live doppler 7hd right now and i'll show you what it looks like from this perspective. skies are clear. and we have no rain to speak of right now but our own radar on mt. st. helena will be tracking rain. today was warm, mild to warm, depending on where you are, and warm enough to set records. keptfield, 70 degrees, tied the previous record. 66 at the oakland airport. that actually broke its previous record by one degree. downtown oakland with 70 degrees. san jose, 67. up to 67 in half moon bay. san francisco, 66 degrees and a nice day down in upper napa area. 71 today. here are your current temperatures. still mild. 68 in oakland. 63 in san francisco. we have 66 degrees in san rafael. here are the highlights. clear and cold in the valleys tonight. sunny and mild weather on monday and rain returns tuesday night, i
disasters like comedians. that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star comedy special. >> together we can get new yorkers back to yelling at strangers and ignoring our friends. [ music ] >> heard around the country and seen on current tv, this is "the bill press show." >> bill: you bet. 25 minutes after the hour. the supreme court, it's going to be interesting to see how we -- we know how scalia and clarence thomas and samuel alito will rule but where will john roberts come down? will he begin be the swing vote? how about anthony kennedy? i think it's only a matter of time. and the supreme courters of the marriage equality are saying by independence day july 4th, we ought to know whether or not the constitutional -- the states that have banned same-sex marriage, whether that will be ruled unconstitutional. peter, what have you got on before we go to the phones?
sandy, right? former vice president al gore thinks so and blames president obama for not doing enough to fix it. >> it is causing these extreme weather events. dirty energy causes dirty weather. and we have to come to our senses and do something about it. i deeply respect our president. i'm grateful for the steps that he has taken but we can not have four more years of mentioning this occasionally and saying it's too bad that the congress can't act. melissa: but then, colorado state university researchers out today with a report that says hurricane sandy was not influenced by global warming and lou dobbs is here now to weigh in. >> so i tell you, what is all that with, he wasn't that animated at any point --. melissa: that was nicest part of the speech. i watched the whole thing. he got really agitated. he said our atmosphere is open sewer. yeah, i don't know. >> he ought to look at the colorado state survey which shows over two periods, one in which there was very little carbon dioxide, that is 1899 to 1955, period of 57 years. there were 216 named storms. during the same period, whi
couples that brought this case ultimately, chris and sandy, and paul and jeff, simply wanted the right to be able to marry the person that they love, and for their families to have the same recognition as their neighbors, and that's why this case is so simple. i do believe it was the right time, and i am confident, i am optimistic that once the court hears this case and sees the evidence that was preblted at trial, that as they have so many times in our nation's past, will come down on the side of freedom and equality. >> it's clearly where the american people are in terms of all the polling. the country has moved on. it's accepted. gay marriage is -- >> no question. >> same-sex marriage is simply an accepted fact of life, and so many families across the country. yet, the risk is that this could become illegal. what happens to all of these couples? what happens to their rights? >> look. at the end of the day, again, i'm optimistic we'll win this case. as we did in the lower court and by a judge who was first appointed by ronald reagan and then later by george bush. and then won at the
mccormick, sandy lincoln, and john spolinsani. what do we do between now and the end of the year? >> we wait. you hope there will be a resolution with the fiscal cliff. also 2013 could be a difficult year. it's the first year of the presidential term which is usually a weak un. earnings growth looks a little bit weaker. we are very big on di dends. we believe this is a grinded out market. prepare for instability. >> so it's glass half empty for you right now. >> we'd like to be optimistic but tell clients buy with sound balance sheets. and if the market goes up better, we're in a better position. >> i have to press you on what you say about you like companies that pay better dividends? >> right now you're looking at the. senate bill will will tax for gross incomes of $250,000. that's not a deal killer. there was an article this week talking about how dividends -- people buy dividends for income and downside protection. those issues do not go away regardless of what happens with taxes. people need income. >> you told us last time you liked europe. what about here in the united sta
to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did some digging and here is what we found. not a surprise. retail up, 53,000 up in, and professional, hospitality and restaurants. hotels and 23,000 and health care up 20,000. these are good numbers. and will it continue? they are not so sure given what is going on in washington. >> that is the big question, bianna, thanks for being here. >>> in the nfl today, they were mourning their tragic loss. the dallas cowboys bowing their heads in a moment of silence to remember their teammate jerry brown who died in a car accident. it was another team member, josh brent, who was driving. he is charged with driving drunk and manslaughter. today in court, he was unable to make dale. he issued a statement saying i will live with this horrific and tragic loss every day for the rest of my life. >>> there is
the super storm sandy are rushing to rebuild their boardwalks in time for next summer. there and raise the finished by the end of may to retain torras money they will need next year. seaside heights new jersey is about 75% of its budget from tourism. towns like bellmawr address their spending about $20 million to rebuild its boardwalk. michael bloomberg wet snow new wooden boardwalk to be built. he favors concrete boardwalks which are more durable. >> we're just a few minutes away from the opening bell ringing on wall street. let's take a peek at the trading floor as we wait. we will be right back. opening bell on wall street on this monday morning. looks like we have made down day to early trading. the dow was down 22 points ahead of the opening bell. rob black will be coming up here about 15 minutes. >> good morning, this guy is starting to braden and you concede the winds in the higher elevations. we do have at some temperatures in the upper 30's. that is reserved for the north bay as we push into the afternoon expect mid to upper 60s. we will continue as a drag dry as we head into
, there's no sandy areas like there used to be. let me show you the key i(çc found in buena vista. graphics please. >> clerk calvillo:j' please. >> ben vista park. i jy something. i pulled the dirty harry movie haven't done since piqs then. she probably goes do you have a computer or what are you doing ins nasty hayes casting, or -- where i had to get my money back because they wanted to put me into anything. and flying back and forthq l.a. or las vegas, and even they don't do much. it's a little better,we know, not thatú6( x':h( :@ much. anyway, ♪ i've looked high and lowo.sm in everywhere i possibly city can but there's no trying to get the.p%( y city feeling again> my name is eugene gordon jr. all %( sre this balloting for:: and democratic p
for the weekend. >>> a bay area one area, can it be saved after hurricane sandy, the emotional battle of how to bring them back to life. >>> approaching the 880 supply the we will have traffic and weather. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. . >>> the big-rig fire did take down a fire line, tara moriarty has more information and is on the scene and we will have more details coming up. >>> the clock is ticking and the nation is three weeks away from falling off that fiscal cliff. the president and house speaker john boehner metaphor talks over the weekend and -- met for talks over the week
by hurricane sandy with fema trailers sitting idle in pennsylvania and a staten island resident has had it what did you make of this? >> well, thanks for having me. i feel it sun fair. i have family that i can stay with. family has denied me rental assistance or temporary living. i assume that is because they left 3 1/2 hours away from us after bringing them from texas and wasting our time and money and their efforts. it is completely unfair and ten days before christmas you want to take away what you have given them temporarily. they should health the people start receiving checks from their insurance companies and maybe some progress in the house before they give them the boot. if you didn't have family, chris, would you have been able to benefit with the temporary housing or hotels that others have taken advantage of? without have been able to qualify? >> in the beginning we assumed we would stay with our families and we applied for rental assistance and they did not give us any help, my wife me, my young babies at the time. >> we hearing and we could not get anyone from fema and we tried th
to support those dealing with super storm sandy. students were catches and many of the students and alumni are from areas hard hit by the storm. they raised 900 dollars for someone to hear jimmy pregame speech one night. >> that's great. >>> big blustery winter storm is moving across america's heartland. the sea seen first big storm -- season he's first big storm is dumping snow in northern plains and western great lakes. more than 150 flights were canceled at the minneapolis airport. roads across the area shut down 300 car crashes and spinouts and vehicles. blizzard like conditions are expected to start off the week in the upper midwest. >> and now, maryland's most accurate forecast. >> that close to home look at annapolis today. a lot of fog for most of your afternoon. that has really kept the visibilities down ijamsville and havre de grace dealing with the fog. and we have a dense fog advisory for havre de grace through the course of tonight. 46 right now in town. look at the humidity. 100% so that cloud right on the surface. and that will keep us with the fog through the course of the
miles per hour towards 50. it is foggy at sandy point. 62 on the b-w parkway. so far so good on the rest of the major roadways. 83 at shawan road, 65 miles per hour. 67 as you make your approach to the beltway. that is the latest on traffic pulse 11. >> president obama will take his fiscal cliff plan on the road. >> this is a key week for negotiations. this comes one day after the president met one-on-one with john boehner. >> hallie jackson has the latest. >> the president and speaker boehner did talk yesterday. if there is a deal, they have to sell it to their respective parties soon. time is running out. this is video of the meeting yesterday. a big sticking point is higher taxes for the wealthy. president obama heading out on the road. he will be keeping pressure on republicans. >> when was the last time the president and speaker boehner met one on one? >> they have talked since the election and on the phone. they talked one-on-one last summer during talks for the debt ceiling. >> hallie jackson, thank you. in a recent survey, about two- thirds of shoppers are spending differently th
on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new jersey in spending around $2 million to rebuild its boardwalk. new york mayor michael bloomberg said no new wooden or what should be built. as he favors concrete bring more adorable. >> first a live look outside on your monday morning from the golden gate bridge. you can see we do not have fog on this monday morning. the weekend brought us lots of sunshine that weather will continue mostly sunny skies today. similar high as compared to yesterday's few degrees warmer especially in the south bay. we are tracking storms that could impact us tuesday night may be the middle of the week. erica will have more details on your forecast. when we come back will take a look at your top headlines. stick around. welcome back. happy monday. the time is 4:29 we see the light on the building as we take a look at san francisco. erica will le
to prehurricane sandy levels. analysts say prices should be down to around $3.20 a gallon by christmas. >>> a member of the navy s.e.a.l. team six has been killed in a daring raid to free an american doctor from the taliban. dr. joseph was rescued early sunday in eastern afghanistan. dr. joseph, a medical adviser for colorado springs based morning star development, was rescued after intelligence showed he was in imminent danger of injury or even death. >> a hostage rescue mission is really, really dangerous and carries a very high risk that the hostage, him or herself could be injured or killed. so you need somebody at a very high level to say i am authorizing this mission. >> the doctor was not hurt, but one of the navy s.e.a.l.s in the raid died yesterday of his wounds. president obama praised the fallen warrior, saying he gave his life for his fellow american. >>> former south african president nelson mandela is in the hospital this morning as people across that country and around the world send wishes to the anti-apartheid icon. mandela, who is 94 years old, was admitted to a hospi
-out a success. that is like hurricane sandy is a mess. the only successful expert is people. they are greating the hell out of there. going back to people like snyder, obama is happy to take the money from the rich. both won't take advice from people are rich. he doesn't want to learn how to fish. he just wants to take the fish. >> bob: detroit has been in trouble for a long time. right to work. here the unions collectively bargain, great rates. they allow scabs in there and take advantage of the money. >> eric: you just made the case for busting up the union there. detroit has been in trouble for a long time, republican or a democrat. you are 100% right. >> bob: does it have something with every other major city in country. >> dana: michigan should be allow to make its own decisio decisions. michigan voters, the overall households support. this 45% of the union households support the move. 39% of the democratic households support it. 55% of the republican households. there is momentum. they realize they have to do something. this would be a fundamental change. that could alter the history. >>
and many in the northeast not able to get a christmas tree this year thanks to sandy, you would think they would tone it down a little bit. that's what i think. we want to know what you think. does the white house need 54 christmas trees? log on to gerriwillis.com and vote on the right-hand side of the screen. i will announcethe results at end of the show. with all the talk about the white house christmas tree and rockefeller christmas tree you would think they're the bigge and brightest around but they areot. here are the top five tallest christmas trees in the country. number five, the mayor's christmas tree in kansas city, missouri. 100 foot tall tree in the city. not bought but grown by the mayor himself. way to go. number four, the christmas tree at the grove in los angeles. th may not have a white christmas but they certainly have the spirit thanks to 110 foot white fir adorned with 10,000 lights and 15,000 decorations. number three the outlet mall in anthem, arizona. the 112-foot tree is decaded with two miles of lights and more than 3000 ornaments. took 14 workers to put up th
$3.85. many analysts are still blaming the effects of hurricane sandy. both surveys are saying prices will fall even further by the end of the year. merry christmas. michigan, that earth place of unions might be a work to write state as early as tomorrow. when the governor is set to sign a newly passed legislation. not stopping president obama from weighing in. slamming the bill as they give workers the right to work less money. more on this, thank you for being with us. this goes bac back to the tax hy act. states have a right to do this, right? it seems really odd to me the president is getting involved at the state level like this. >> you're absolutely right. one thing that should be noted out this mission becomes the 24th right to work state, over the last decade right-to-work states have seen a net increase of 3.6 million jobs. union states have seen a net decrease of 1 million jobs. this is a good thing, the voters voted for this when they knocked down a proposition on the ballot in 2012 essentially trying to enshrine union rights with the state constitution. that is what they w
-recession. david: hurricane sandy, so one figure that said it may have cost the lives of 250 cars. not all of them will be replaced, but most of them will be. it is an awful way to get it, but a boost for the auto industry, right? >> absolutely. many will be new cars, so you're looking at a nice boost in sales and the good thing is because these cars had they been replaced the normal cycle would noandnot have all come at once. do not take a bbg piece of the future buying cycle. a nice silver lining. david: now chrysler is an italian car company. the italians, the parent company is going to awful times. quitting because of the sales. is there any possibility. now they are not supposed to do this, but is there any possibility tie-ins will pour some of the profits they're making from chrysler here and use them to pay out the parent company in italy? >> i suppose the possibilities are always there. certainly talking about a global company to the extent you're doing better in one market and then another is always a bit of shifting around. at this point i think north america for all the automakers has r
. will they then be in a position to cash the company out entirely. >> sandy hurt that. higher than i would have thought. the government is free to trade. they got 15%. and i think that people who -- my take is, if you want to buy aig, i think that goes up. i would have hoped that the proceeds from the deal you mentioned would be able to take it and chop it up. i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is not expected to be problematic at this point. but take a look at what happened in the stocks on friday. that, after we received word there would be a statement from the canadian prime minister. that freaked a lot of risk arms out. did not have a lot of conviction
a subcommittee field hearing in new jersey next monday december december 10 on super storm sandy. senator toomey. >> thank you mr. chairman and thank you mr. secretary for joining us. i would like to understand better and aspects of the actuarial review. the question arises from the interest-rate assumptions and the interest-rate interest rate environment that is used to determine the prevailing view about the value of the mutual mortgage insurance fund and the family fund. more specifically, you observe on page eight of your testimony the fact the worst shape the fund is to simplify that and you walk through the mechanisms by which a lower interest rates while good for the economy overall tend to have an adverse impact on the value of the fund. my understanding is that the actuarial review contemplates glowegee straight environment. and in the low interest-rate environment, the value of the fund is negative $31 billion. aren't we in a low incher straight environment today, and partly by virtue of what the fed has said, which is to say maintaining current policy at least through mid-2015, so thr
.s. jobs reports. nonfarm payrolls roads by 136,000 as the hit from hurricane sandy wasn't quite as bad as feared. the unemployment rate fell to a new low of 7.7%, but that was largely because many people had given up looking for work. and nearly half of u.s. companies say they would pull back on hiring if the economy goes over the fiscal cliff. now joining me on krn, jim cash. good morning and thanks for joining us. >> good morning. thank you. >> tell us a little bit about the results of this survey which indicate that companies have been reacting to the fiscal cliff by pulling back on spending or hiring. why haven't we seen that show up in the jobs report? is there a concern that we might see more of a pullback into next year? >> i think that's exactly what this survey is saying. about 50% have already taken some action. i think companies right now are waiting to see what's going to happen and it really comes down to two major issues. if we can get this fiscal cliff issue resolved, then we are looking at a pretty optimismic outlook from our members. but if we don't get the fiscal clif
the board walks from hurricane sand. the costs -- sandy. the costs range. many towns are debating whether to build with wood or more stronger materials. some sentimental locals say you can't have a boardwalk without boards. others say the wood just is not strong enough to survive these kinds of storms. >>> it looks like there won't be any more strikes at the portland of oakland for a couple of years. 500 workers who walked 0 the job for one day last month have now ratified a four-year contract. it gives them 2 1/2% cost of living increases next year and in 2014. there's also a $3500 signing bonus. the port commission is expected to approve this new contract next week. >>> well, close to 38,000 people have already signed an on online petition against the new logo for the university of california. the new, more simple and contemporary image, there it is. it was unveiled on friday. besides the website changed, there's several other facebook pages stopping the university from using. they say they will still use the 144-year-old seal but says the new logo represents a modern look for the unive
sandy are still paying, on average, $3.81 a gallon, 50 cents more than the rest of the country. prices there are also expected to start coming down. matt, back to you. >> tom costello, thank you very much. savann savannah? >>> the first family attended a party last night. peter alexander has more on this story. good morning to you. >> reporter: savannah, good morning to you. that performer is the global rap star. and, no, you won't see the president doing the gangnam style. took to the stage for this performance just less than a decade after apologizing for anti-american performances. >> ho, ho, ho. >> reporter: a holiday tradition, christmas in washington. >> grateful to all the outstanding performers, the choirs, the glee clubs who are sharing their tremendous talents with us. >> reporter: to be aired on tnt later this month, the international rap sensation, riding his horse amidst controversy. the most watched youtube video of all time, nearly 1 billion views but psy has come under fire for other performances that only recently went viral. long before he shot to fame making $8 milli
... on behalf of states hardest it bb superstorm sandy. in a joint staaemmet on the matter, governor andrew cuomo of new pork and new jersey governor will help their states money - recover, repair, nd rebuild better and stronger than requested amount fell short of about 17-bbllion-dollars. the midwest may be seeinn parts of minnesstaa four to n - six inches of snow is already on the grrund, and up to fourteen inches is forecast. and st. paul have officially deelared the season's first snow emergency. severaa dozen flights out offthe twin cities airport were canccled. servvce sayssthe snow will end tooayy...when temperatures &pwill peak in the mii-teens. care packaggs areebeing put together for milittry dogs. theepewee valley veterinary center in kentucky is collecting and sendinggthe afghanistan. the packages include toys, treats ann desperately needed supplies. dogs ave been used in the military sinne the -&revvlutio forgotten sometimes. we really change thingg for them. one oo the dogs we're sponsorrng it's the vet is also trring to adopt at least 10 military dogs currentty i
and chronic homelessness by the end of 2015. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalks and tie for next summer. they are in the race to finish by the end of may to retain tourists money that will need next year. seaside, that's- seaside heights, new jersey gets about 75% of its budget for tourism. towns like bellmawr, under their spending around 200--$20 million to rebuild its war wall. new york mayor olmert has said no new wooden boardwalk should be built. as he favors concrete boardwalk we will get an update on the dry times in the morning commute coming up and watch of the weather. we have blue sky out there on this chilly monday morning when we act in a minute on kron 4 morning morning when we act in a minute on krlook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an a
reasons why in the credibility of military threat is so important. one reason is, sandy, i think it was, indicated cannot be aryans to respond to credible threats of force. you looked at the hostage crisis it was resolved when the ron reagan was elected. you read the biographies of the hostage-takers, they act like a cowboy. their release the hostages the moment he was sworn in. it's not that well-known, but the soviets were taken hostage at their embassy at the same time. the soviets threatened to bomb tehran. their hostages were let go. it's also important to note that the iran-iraq board came to an end when the u.s. mistakenly shot down an iranian civil airline. the iranians thought, well, the u.s. is going to get into this war no-holds-barred and the ayatollah made a speech. during the poisoned chalice. the cards were such that he had to simply take the best deal he could. that recommending they bond in iranian airline. on to say their is a lesson there. they backed down in the face of a credible threat of force. at the same time, if you were the iranians your thinking to yourself,
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